Rockhopper Exploration plc, Harbour Energy plc and Navitas Petroleum LP have extended the provisions of the heads of terms for oil interests in the North Falkland Basin. DATE The companies, which signed the deal in December 2021, first extended the date from 31 January to 31 March 2022. Today’s announced agreement extends the deadline from […]
Tag: Harbour Energy plc
Harbour CEO Europe Phil Kirk to step down
Harbour Energy plc said that Phil Kirk is to step down as executive director, president and CEO Europe. Mr Kirk who is considering other business opportunities will leave from 28 February 2022.
Rockhopper-Harbour-Navitas extend Falklands deal date
Rockhopper Exploration plc, Harbour Energy plc and Navitas Petroleum LP have extended the provisions of the signed heads of terms for its licences in the North Falkland Basin. TRANSACTION The deal will see Harbour sell its interests, leaving Rockhopper with 35% and Navitas 65% compared with 30% each previously. Rockhopper today said that the date […]
Harbour finds marginal accumulations at Dunnottar
Harbour Energy plc announced it had found marginal accumulations from drilling the Dunnottar exploration well (30/8-4) in licence P2399 in the UK North Sea. ASSESSMENT The well reached a total measured depth of 15,639 feet encountering hydrocarbon-bearing intervals in the Palaeocene, Jurassic and Triassic. Harbour Energy said it would assess the commerciality of the marginal accumulations and in the meantime would […]
Rockhopper looks to Navitas as new Falklands partner
Rockhopper Exploration plc said it was in discussions with potential partner Navitas Petroleum LP after Harbour Energy plc decided against proceeding with the Sea Lion project in the North Falkland Basin. HARBOUR In its interim results published today, Harbour said it had undertaken a thorough review of the Sea Lion project in which it has a […]
Harbour reduces 2021 guidance on Tolmount delay
Harbour Energy plc said first gas at the HGS Tolmount platform would be delayed due to issues in certain offshore electrical systems during final commissioning and testing. The company added it was investigating the issues and developing rectification plans for the gas platform in the Southern North Sea. “As a result, Tolmount first gas will […]